Oklahoma § 15-1009 Construction of power relating to commodity and option

Oklahoma Statutes

§ 15-1009 — Construction of power relating to commodity and option

Oklahoma § 15-1009

Title 15Contracts

This text of Oklahoma § 15-1009 (Construction of power relating to commodity and option) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 15, § 15-1009 (2026).

Text

transactions. CONSTRUCTION OF POWER RELATING TO COMMODITY AND OPTION TRANSACTIONS In a statutory power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange, and establish, continue, modify, and terminate option accounts with a broker.

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transactions. CONSTRUCTION OF POWER RELATING TO COMMODITY AND OPTION TRANSACTIONS In a statutory power of attorney, the language granting power with respect to commodity and option transactions empowers the agent to buy, sell, exchange, assign, settle, and exercise commodity futures contracts and call and put options on stocks and stock indexes traded on a regulated option exchange, and establish, continue, modify, and terminate option accounts with a broker.